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vitfil [10]
1 year ago
10

Healthy Foods has a book value per share of $32.68, earnings per share of $3.09, and a price-earnings ratio of 16.8. What is the

market-to-book ratio
Business
1 answer:
hammer [34]1 year ago
8 0

The market-to-book ratio is 1.59%

<h3>How does market to book ratio work?</h3>

A financial valuation statistic called the Market to Book Ratio, commonly known as the Price to Book Ratio, is used to assess how a company's current market value compares to its book value. The current stock price of all outstanding shares represents the market value (i.e. the price that the market believes the company is worth).

<h3>How do you interpret a high market to book ratio?</h3>

A high book-to-market ratio could indicate that the stock of the company is being valued by the market below its book value. The price-to-book ratio, which is only the opposite of the book-to-market ratio formula, is well-known to investors.

learn more about market-to-book ratio here <u>brainly.com/question/14616549</u>

#SPJ4

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Answer:

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Lump-sum salary increase.

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